Rhea-AI Summary
Advent International has signed an agreement to acquire three renowned cosmetics brands—bareMinerals, BUXOM, and Laura Mercier—from Shiseido Americas. The deal aims to create a leading beauty company in the $17 billion color cosmetics market. Pascal Houdayer will lead the new venture as CEO, with advisory support from Janet Gurwitch, founder of Laura Mercier. Advent's experience in beauty investments positions it to drive growth for these brands through innovation and market expansion.
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FAQ
What is the current stock price of SHISEIDO (SSDOY)?
The current stock price of SHISEIDO (SSDOY) is $22.25 as of September 25, 2026.
What is the market cap of SHISEIDO (SSDOY)?
The market cap of SHISEIDO (SSDOY) is approximately 8.9B.